Fact sheet: Santander Bd Mthly Inc

Fund information
Fund name
Santander Bond Monthly Income RI
Fund manager company
Santander Asset Mgmt UK Ltd
Fund type
OEIC
Fund managers
  • Toby Vaughansince 17/01/2011
  • Tom Caddicksince 17/01/2011
Fund objective
The Fund’s investment objective is to invest in regulated collective investment schemes which aim to provide a good level of income with the potential for capital gain by investing in bonds.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.4%
1 Year rank in sector
33/77
Sector
UT Sterling Strategic Bond
Yield
2.5%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.08%
Fund size
£16m (£16m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
35
Mid price
94.59
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc10.5%
Fidelity I Stg Cr + Bd10.4%
Fidelity UK Inv Grd Lg Cr9.4%
Legg Mason IFBrwiGlInOp8.6%
Fidelity Pre-Retirmnt Bd8.5%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • Not Specified98.1%
    Money Market1.9%
  • Others98.1%
    Money Market1.9%
  • Global Corporate Fixed Interest77%
    UK Gilts21%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-5.8%2.4%5.4%14.9%28.2%
Sector-1.2%-3.2%2.7%4.7%12.4%32.6%
Rank within sector60 / 8365 / 8250 / 8233 / 7723 / 7146 / 60
Quartile3rd4th3rd2nd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund6.2%-0.5%9.1%-0.3%9.4%
Sector5.7%-0.3%6.8%2.6%12.6%
Rank within sector34 / 7752 / 7422 / 7247 / 6445 / 61
Quartile2nd3rd2nd3rd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.53
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.4
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.27
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.15
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.77
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.2
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.19
Price movement
52 week high101.2
52 week low90.9
Current bid price-
Current offer price-
Current mid price94.59
Region
1Not Specified98.14%
2Money Market1.86%
Industry sector
1Others98.14%
2Money Market1.86%
Asset type
1Global Corporate Fixed Interest77%
2UK Gilts21%
3Money Market2%
Individual holdings
1SANTANDER CORPORATE BOND IA GR19.96%
2SANTANDER STERLING GOVERNMENT BOND II GR17.97%
3M&G CORPORATE BOND A INC GBP8.77%
4FIDELITY MONEYBUILDER INCOME GR8.26%
5BLACKROCK CORPORATE BOND TRACKER L7.87%
6KAMES INVESTMENT GRADE BOND B ACC7.07%
7INSIGHT UK CORPORATE ALL MATURITIES BOND P GR ACC5.97%
8JUPITER STRATEGIC BOND INC5.28%
9ISHARES III PLC £ CORPORATE BOND EX-FINANCIALS ETF GBP DIST GBP2.91%
Management
Fund manager group
Santander Asset Mgmt UK
Fund manager company
Santander Asset Mgmt UK Ltd
Fund type
OEIC
Fund objective
The Fund’s investment objective is to invest in regulated collective investment schemes which aim to provide a good level of income with the potential for capital gain by investing in bonds.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Toby Vaughan17/01/2011Toby joined Santander Asset Management in January 2011 and is head of Fund Management within the Global Multi Asset Solutions. Before joining Santander AM, Toby worked at LV=Asset Management as a senior multi-asset portfolio manager and previously at F&C Asset Management as a Director of Asset Allocation. Toby has 15 years’ experience in fund management and focusing on managing multi-asset portfolios. He holds a BA (Hons) in Economics & Management Studies and is a CFA charterholder.
Tom Caddick17/01/2011Tom Caddick, Head of Global Multi Asset Solutions, joined Santander Asset Management in early 2011 and has overall department responsibility, heading a team of over 26 investment professionals across four locations with in excess of €21 billion asset under management and the same again under advice. Tom has over 18 years’ fund management experience and was previously Head of Multi Manager and Fund Selection at LV=Asset Management. Before joining LV, Tom was a Fund Manager at F&C Asset Management. Tom holds a BA (Hons) degree in Accounting and Finance.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Santander Bond Monthly Income RA
Initial charge3.5%
Annual charge0.5%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price151.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKY27
Santander Bond Monthly Income RI
Initial charge3.5%
Annual charge0.5%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price94.59
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKY28
Data provided by

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